Due to new federal regulations applying to all financial institutions that accept mobile check deposits, you must now write “For Mobile Deposit Only at Salal CU” under your signature when you are endorsing the back of your check.
Proper Endorsement Format for Mobile Deposit:
Jane Doe (your signature)
For Mobile Deposit Only at Salal CU
Proper Endorsement Format for Remote Deposits for Business Members:
ABC Company
For Remote Deposit Only at Salal CU
Also make sure the MICR line (those numbers at the bottom left of your check) is visible and legible in your picture. To help protect your funds and your accounts, keep your mobile or remotely deposited checks in a safe place for a minimum of fifteen (15) days, a maximum of sixty (60) days, and then destroy it.
Save Time with Mobile Check Deposit
If you’ve ever used the Mobile Check Deposit feature in Salal’s Mobile Banking app, you know what a great time-saver it is. With Mobile Check Deposit you can deposit checks with your smartphone at home or on the go—anytime of day or night. And it’s as easy as taking a picture on your phone. Just point, snap, deposit, and get on with your day.